Replacement ink and toner cartridges

TYPE OF BUSINESS:  This business offers replacement ink cartridges and toner cartridges for all major brands of printers, copiers, fax and postage machines.  This includes HP, Epson, Canon, Brother, Lexmark, Dell and Samsung.  They carry a full line of black ink cartridges, color ink cartridges, black toner cartridges and color toner cartridges.  This business was established in 2006 by the current owners.  The business is located in a first ring suburb of Minneapolis.  The sales are about 50% business and 50% individuals.  The owner works 4-5 days per week with very flexible hours – responsible for the “office work”, ordering, marketing and some deliveries.  New owner needs to spend more time trying to get more business accounts.

EQUIPMENT:   The equipment is in good shape and is well maintained.

EMPLOYEES:  The business operates with 3 part time employees.  1 earns $13/hours and works about 35 hours/ week; 1 earns $10/hour and works about 14 hours/ week and 1 earns $5/ cartridge and works about 28 hours/week.

GROSS SALES/ CASH FLOW:  Gross sales for 2013 were $284,469; 2012 were $295,831, 2011 were $311,977, 2010 were $303,712 and $2009 were $326,696.  Cash flow to an owner operator based on 2013 sales was $80,000+. 

ASKING PRICE: The asking price for the business $175,000.00.  Included in the asking price is inventory of about $35,000.00 (at cost) and the equipment, which is valued at $5-$7,000.00.

REASON FOR SALE:  Personal reasons.  Caring for ill parents.

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Thomas Green

About Thomas Green

Tom Green has been in the business of Business Brokerage for 30 years. He is a partner in the company Opportunities In Business. He has participated in the sale of hundreds of business - of all kinds. His experience gives his clients an edge. There have been changes in the business over the last three decades, but the basics of selling a business and buying a business have remained the same. Due diligence, thoroughness, honesty, attention to detail, anticipating problems before they interfere with a transaction, and establishing relationships with clients that leads to trust and confidence are as important now as they were 30 years ago. New technologies, new methods for marketing a business, new ways to obtain financing for business acquisitions and other changes have entered the marketplace and Opportunities In Business has remained current with and incorporated all of the changes that benefit our clients through Tom’s efforts. Tom is a lifelong Minneapolis resident and a graduate of the University of Minnesota.

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